A new culprit in Europe’s horsemeat crisis. Turns out the French wholesaler Spanghero intentionally labelled horsemeat as beef, after buying it from Romanian suppliers via a Dutch trader based in Cyprus to sell to British and other retailers. (Now that’s European union.)

Democrats in the US Senate proposed a $110 billion plan to avoid the “sequester”. But it probably won’t even survive until a vote. Meanwhile, Senate Republicans delayed the confirmation of Chuck Hagel as defense secretary.

Bionic eyes became a reality. America’s Food and Drug Administration approved a retinal implant which consists of a camera hooked up to a receiver in the eye. The device will help people with a rare genetic disease to see movement and light.

Airbus dropped lithium-ion batteries. Its new A350 will use nickel-cadmium batteries instead of the type that caught fire on Boeing’s 787 Dreamliner.

General Motors is still going strong. The US auto giant posted profits in 2012 for the third straight year after its 2009 bankruptcy. And that was despite its exposure to Europe, where its losses were double those in 2011.

Dropbox could be the next big tech IPO. The cloud-based file storage company is talking to banks, sources tell Quartz’s Gina Chon. It would have to defeat the skepticism about tech stocks since Facebook’s botched offering last year.

Christopher Mims explains why BlackBerry is doomed, even in its stronghold of corporate clients. “If BlackBerry is losing customers in enterprise and hasn’t created something compelling enough to lure ordinary consumers, what has the company got left? I’ll tell you: Revenue propped up by a dwindling supply of subscribers in the developing world, who are in the middle of a mass exodus to cheaper Android phones. It’s not time to stick a fork in Blackberry just yet, but as a business, it appears to be doing little more than coasting on its own momentum.”Read more here.